At heart, the Industrial Revolution has been a revolution in energy conversion. It has demonstrated again and again that there is no limit to the amount of energy at our disposal. Or, more precisely, that the only limit is set by our ignorance. Every few decades we discover a new energy source, so that the sum total of energy at our disposal just keeps growing.
Why are so many people afraid that we are running out of energy? Why do they warn of disaster if we exhaust all available fossil fuels? Clearly the world does not lack energy. All we lack is the knowledge necessary to harness and convert it to our needs. The amount of energy stored in all the fossil fuel on earth is negligible compared to the amount that the sun dispenses every day, free of charge. Only a tiny proportion of the sun’s energy reaches us, yet it amounts to 3,766,800 exajoules of energy each year (a joule is a unit of energy in the metric system, about the amount you expend to lift a small apple one yard straight up; an exajoule is a billion billion joules – that’s a lot of apples).2 All the world’s plants capture only about 3,000 of those solar exajoules through the process of photosynthesis.3 All human activities and industries put together consume about 500 exajoules annually, equivalent to the amount of energy earth receives from the sun in just ninety minutes.4 And that’s only solar energy. In addition, we are surrounded by other enormous sources of energy, such as nuclear energy and gravitational energy, the latter most evident in the power of the ocean tides caused by the moon’s pull on the earth.
Prior to the Industrial Revolution, the human energy market was almost completely dependent on plants. People lived alongside a green energy reservoir carrying 3,000 exajoules a year, and tried to pump as much of its energy as they could. Yet there was a clear limit to how much they could extract. During the Industrial Revolution, we came to realise that we are actually living alongside an enormous ocean of energy, one holding billions upon billions of exajoules of potential power. All we need to do is invent better pumps.
Learning how to harness and convert energy effectively solved the other problem that slows economic growth – the scarcity of raw materials. As humans worked out how to harness large quantities of cheap energy, they could begin exploiting previously inaccessible deposits of raw materials (for example, mining iron in the Siberian wastelands), or transporting raw materials from ever more distant locations (for example, supplying a British textile mill with Australian wool). Simultaneously, scientific breakthroughs enabled humankind to invent completely new raw materials, such as plastic, and discover previously unknown natural materials, such as silicon and aluminium.
Chemists discovered aluminium only in the 1820s, but separating the metal from its ore was extremely difficult and costly. For decades, aluminium was much more expensive than gold. In the 1860S, Emperor Napoleon III of France commissioned aluminium cutlery to be laid out for his most distinguished guests. Less important visitors had to make do with the gold knives and forks.5 But at the end of the nineteenth century chemists discovered a way to extract immense amounts of cheap aluminium, and current global production stands at 30 million tons per year. Napoleon III would be surprised to hear that his subjects’ descendants use cheap disposable aluminium foil to wrap their sandwiches and put away their leftovers.
Two thousand years ago, when people in the Mediterranean basin suffered from dry skin they smeared olive oil on their hands. Today, they open a tube of hand cream. Below is the list of ingredients of a simple modern hand cream that I bought at a local store:
deionised water, stearic acid, glycerin, caprylic/caprictiglyceride, propylene glycol, isopropyl myristate, panax ginseng root extract, fragrance, cetyl alcohol, triethanolamine, dimeticone, arctostaphylos uva-ursi leaf extract, magnesium ascorbyl phosphate, imidazolidinyl urea, methyl paraben, camphor, propyl paraben, hydroxyisohexyl 3-cyclohexene carboxaldehyde, hydroxyl-citronellal, linalool, butylphenyl methylproplonal, citronnellol, limonene, geraniol.
Almost all of these ingredients were invented or discovered in the last two centuries.